10.16 Thursday Morning Market Analysis

In the early hours, the cryptocurrency price fell back to the 110200 level, showing a rebound after hitting the bottom. This level has strong support, repeatedly resisting the bearish attacks and preventing further price declines.

Currently, the market is steadily rising, and it is recommended to position with low long trades.

Bitcoin: Long positions near 110200, target set towards 112000.

Ethereum: Long positions near 3940, target set towards 4050.#BTC走势分析